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$485,000 Just Listed
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Property Description
Welcome to a place where modern comfort meets the heart of Temecula living in the serene Heirloom Farms community. This nearly new three-story residence, crafted in 2023, invites you in with a charming front porch that sets a peaceful tone before you even step inside. The open-concept heart of the home seamlessly connects a contemporary kitchen, featuring elegant quartz countertops and sleek finishes, to living spaces designed for making memories. Sustainability and ease are woven into the very fabric of the property, which features fully owned solar panels, spray foam insulation, and a tankless water heater to ensure your sanctuary is as efficient as it is cozy. Upstairs, the primary suite serves as a true retreat with its spacious walk-in closet and dual vanities, while the private balcony offers a quiet spot to enjoy the morning air. Beyond the front door, the vibrant neighborhood provides endless opportunities for play and relaxation with its sparkling pool, spa, and unique park amenities like the community zipline. Situated just moments from the scenic beauty of Lake Harveston, the local flavor of Old Town, and the convenience of the Promenade Mall, this home keeps you connected to the best of the region while remaining tucked away in a quiet enclave. Complete with an attached two-car garage and all essential appliances included, this townhome represents a thoughtful blend of style and soul within the prestigious award winning Temecula Unified School District. **Short Sale. Subject to lender approval. Property is being sold as-is with no repairs or credits. Great opportunity for buyers willing to navigate the short sale process. Please allow additional time for bank response.
Full Property Details
Full Property Details for 40391 Melrose
General
- Price: $485,000
- HOA FEE: $280/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: SW26070814
- Updated: 4/7/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Laundry, All Bedrooms Up, Foyer, Kitchen, Living Room, Primary Suite
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Individual Room
Additional Information
- Shared Amenities: Pickleball, Playground, Pool, Barbecue, Picnic Area
- Pool Description: Association
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Riverside
- Driving Directions: Ynez - left on Temecula Center Dr. - left on Oakdale Dr - left on Melrose
School Information
- School District: Temecula Unified
Community
- Community Features: Gutters, Curbs, Dog Park, Street Lights, Storm Drains, Sidewalks, Suburban
- Assoc. Name: Vintage Group
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 2 Common Walls (or More)
- Entry Location: 1
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 1,387
- Sq. Ft. Source: Assessor
- Year Built: 2024
- Year Built Source: Assessor
Unit Information
- Units in Complex: 150
Lot Features
- Property View: None
Financial Considerations
- Price Per Sq. Ft.: $349.68
- Association Fee: $280
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Short Sale
Listed by Reliable Realty Inc., Hank Greer
Get Pre-Approved Today
Schools
Schools serving 40391 Melrose
School District:Temecula Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Ysabel Barnett Elementary School 39925 Harveston Drive, Temecula, CA 92591 | K-5 | 1 mi |
James L. Day Middle School 40775 Camino Campos Verde, Temecula, CA 92591 | 6-8 | 1.5 mi |
Chaparral High School 27215 Nicolas Road, Temecula, CA 92591 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40391 Melrose
Date
Details
Price
Change
Source
4/06/2026
Listed
$485,000
-11.58%
MLS
9/19/2024
Sold
$548,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40391 Melrose
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,066
120%
$548,095
1259%
2024
$4,114
675%
$40,345
2%
2023
$531
—
$39,554
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40391 Melrose
40391 Melrose, Temecula, CA 92591 (MLS# SW26070814) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 40391 Melrose is currently listed for $485,000 and was received on April 06, 2026. Want to learn more about 40391 Melrose? Do you have questions about finding other Condo real estate for sale in Temecula? You can browse all Temecula real estate or contact a Coldwell Banker agent to request more information.

